Machine learning in the cloud: A sound policy for property and casualty insurers
Prediction, profitability, and prevention. Machine learning and cloud technologies help P&C insurers beat competition.
Insurance
Helping insurers succeed, from strategy through execution.
As the leading provider of professional services to insurance organisations, PwC has extensive knowledge of the issues, trends and challenges that insurers face.
Insurance Banana Skins Survey 2017
What risks do insurers worldwide face in the current climate and how are they prioritising them? PwC and the Centre for the Study of Financial Innovation have joined forces to gather responses from senior insurers and close observers of the financial scene to learn what they see as the biggest threat. Find out what the top risks keeping insurers all over the world up at night are in the 2017 Insurance Banana Skins report now available.
How we can help
The insurance industry is undergoing fundamental transformation as it comes up against the impact of new regulation, new technology, accelerating shifts in consumer demand and mounting competition from InsurTech players. In the face of so many disruptive challenges, it’s important not to lose sight of the huge opportunities they’re creating for insurers.
We can help navigate this increasingly complex and uncertain business and geopolitical landscape. To make the most of these opportunities, we can help organizations look beyond the traditional boundaries of the insurance business to embrace new ways of working, new ways of interacting with customers, and whole new possibilities in what their business can deliver.
Insights
Detailing the new accounting for long-duration contracts of insurers
Check out PwC’s in depth analysis of the FASB’s new guidance for long-duration insurance contracts.
Transition Resource Group debates IFRS 17 implementation issues - September 2018
IFRS 17 TRG held its third meeting and discussed 10 implementation issues including the top-down discount rate, commissions and reinstatement premiums, premium experience adjustments, contract boundary, insurance risk consequent to an incurred claim, and acquisition cash flows.
Targeted Improvements to the Accounting for Long-Duration Contracts: Product Implications
The FASB’s long-duration targeted improvements have big implications for life and retirement products. PwC explains the new standard’s effects.
InsurTech Insights: InsurTechs are transforming (re)insurers
The insurance sector is changing due to emerging risks, shifting demographics, and new entrants, forcing traditional players to adapt.
Blockchain, a catalyst for new approaches in insurance: Part 2
In this report, we analyse market launches carried out over the 2017-2018 period (first half), offering different perspectives that highlight..
PwC's US GAAP long duration targeted improvement survey 2018 -- Key findings from the insurance industry
Our survey results provide an overview of how insurance companies are planning to meet and implement the new requirements across their business operations.
PwC Notes: NAIC 2018 Summer National Meeting
The National Association of Insurance Commissioners held its Summer National Meeting in Boston. This newsletter contains information on activities that occurred in some of the committees, task forces and working groups that met there and includes subsequent conference calls.
Contact us
Stephen O'Hearn
Global Insurance Leader, PwC Germany
Tel: +49 89 38 00 69 688
Email
Gregory Galeaz
Americas Insurance Leader
Tel: +1 (774) 573 0220
Email
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